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Managing amid uncertainty : how the finance & accounting function contributes to an agile organization

Poppegaai, Leon (2006) Managing amid uncertainty : how the finance & accounting function contributes to an agile organization.

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Abstract:Increasing competition, the progressive globalization of the economy caused by lowering of trade barriers, and the emergence of new market players that benefit from the significant labour costs advantage are pressing western firms to re-devise their strategies. From this it can be stated that our modern society becomes more complex and changes faster and faster: what the world will look like in a relatively short time from now is increasingly uncertain (Johnson et al, 2002; Financieel Dagblad, 2002; Deloitte Research, 2001). From this it is argued that organizations should consider flexibility as an integral part of their strategy, as only by doing so the organization can remain agile, and is thus able to cope with today’s organizational requirements. This research will be only interested in how the Finance & Accounting (F&A) function can contribute to the flexibility focus of the organization, this demarcation is made given the timeframe for this report. Although is it argued that the other processes within the organization have to be flexible, as the agility of the organization is determined by the sum of the flexibility in all processes.
Item Type:Essay (Master)
Clients:
Deloitte
Faculty:BMS: Behavioural, Management and Social Sciences
Subject:85 business administration, organizational science
Programme:Industrial Engineering and Management MSc (60029)
Link to this item:http://purl.utwente.nl/essays/587
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